Settlement Rates in Perspective

Teacher contract settlements that cover the 2024-25 school year are averaging 3.38%.

Preliminary results from our recent Teacher’s Contract Negotiations survey to the 180 districts whose teacher’s contracts expire on 6/30/2024 (with 63% of the districts responding so far) indicate approximately 30 of those districts have reached a successor agreement, some of which are pending ratification (only ratified settlements are represented in the settlement rates NJSBA reports).  Teacher’s contracts which start with the 2024-25 school year are reporting an average salary increase of 3.45% for 2024-25 (based upon 12 ratified settlements) and 3.41% for 2025-26.  NOTE: We are still awaiting responses from the remaining districts and will continue to update this page periodically.

To view a chart of average settlement rates since 2007-08 school year through today, please click on this link: Historical Settlement Chart

For a detail listing of settlements, as well as other comparative data reports, please log in the Negotiations Data Portal (members-only) section.

*NOTE: All settlement information is reported to NJSBA through surveys to the district administration offices.  “Settlement rate” has been traditionally defined as the increase in the salary base over the previous year, inclusive of the cost of increment (step movement), as well as any additional dollars added to ‘enhance’ the salary guide, expressed as a percentage.  Example: If a district spent $1,000,000 on salaries in 2023-24, then in 2024-25 spent $1,032,000, that represents a 3.2% increase to the salary base.  Every effort has been made to verify the accuracy of the data.  Tentative settlements are not calculated into the above averages until fully ratified by both parties.

If you have any questions, members may contact Sandy Raup, Business Data Analyst, at (609) 278-5224 or sraup@njsba.org.